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The Capital Ambition program, led by Ben Sellar-Moore, aims to deepen understanding and target improvements in investment through a highly collaborative framework. Developed by the Society of London Treasurers, the initiative identifies opportunities for efficiency and guides local authorities towards quick wins in financial practices. It culminates in a robust action plan after comprehensive on-site engagement, workshops, and senior management collaboration. This regional effort seeks to foster continuous improvement, address evolving financial challenges, and enhance shared learning across local government.
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Ben Sellar-Moore Programme Manager (Capital Ambition )
Why LEC ? Highly collaborative region Framework for deepening understanding & targeting improvement investment Making savings easier to identify & deliver Widening knowledge of Leading Practice London’s first step towards self-regulation
Background Developed by Society of London Treasurers Original focus of identifying opportunities & sign-posting quick gains Changing financial position throughout development period Now reads across Transformation Strategies & offers short/medium/long term improvements to programmed actions
How does it work ? Team of four local authority experts lead by a London Finance Director Team members: 2nd London Expert, IDeA, Capital Ambition 1 ½ days preparation 1 ½ + days on-site Capture leading practice, provide options, agree actions, deliver support
Off-Site Preparation Advance exchange of metrics & indicators of practice Context information (MTFS, Corporate Plan etc) Team draw hypotheses together Finance Directors exchange early thoughts / ongoing programme
Source Documents Metrics Leading Practice Principles Context Information efficiency Strategy, example project business plan, MTFS, ‘story of place’ presentation, present efficiency-generating programmes business plan & annual report, customer insight / services strategy, IT strategy, UoR
CFS Environment
On-site Operation (Day One) Challenge authority introduces savings programme, challenges & strengths Challenge Team provide first impressions & initial questions Jointly agree priorities & approach Challenge Team research & prepare for second day
On-site Operation (Day Two) Challenge team run workshops & interviews Prepare feedback early afternoon Meet with CX & senior management team late afternoon Jointly agree actions for authority, actions for Capital Ambition & follow-up work
Outcomes Authority action plan – supported Suggested milestones Challenge team report – simple framework Regional learning Regional needs Ongoing commitment Monitored through programme office & CX engagement meetings